Updates

In a recent sit-down with CoinCentral’s Steven Buchko, Jimmy shared his views on current issues plaguing the blockchain space, Bitcoin as a payment method, and what’s in store for IOST this year. The Scalability Trilemma Scalability and throughput are the buzzwords in today’s blockchain landscape. Many people believe that they’re the missing piece that will finally catalyze mainstream adoption. Jimmy agrees with the sentiment … Read More

“Decentralization has, not only an administrative value, but also a civic dimension, since it increases the opportunities for citizens to take interest in public affairs (…).” – Alexis de Tocqueville At the beginning of the nineteenth century, the French diplomat Alexis de Tocqueville wrote of political decentralization as “the true spirit of liberty”. Tocqueville’s focus — the division of power into localized federal … Read More

It’s been a busy time for IOST over the last 2 weeks. We launched our official Tokyo office and added two new full-time members to the IOST Japan Team, entered into partnerships with two companies, gave keynotes at blockchain conferences in Copenhagen and Philadelphia, and much more! Our CDO Kevin Tan also released a long form technical explanation of how … Read More

Recently, a lot of people have asked me, “What does IOST want to achieve?” It’s simple — the goal for the R&D team is to create a better blockchain application platform. We want to focus on fixing issues that exist in current blockchain technology and in doing so implement our own solutions that we consider necessary for a successful blockchain application platform. I want … Read More

It’s been a busy time for IOST over the last 2 weeks. We launched our brand new website complete with a revamped roadmap, hosted a meet-up in Germany, were listed on a new exchange and more! Our CEO Jimmy Zhong also released an open letter for the community about his thoughts on the future of blockchain technology and the growing blockchain industry. Read on for a full … Read More

What follows is an open letter from Jimmy Zhong, co-founder and CEO of IOST, to his team members and shared with Bitcoin Magazine with permission. Recently, I’ve been thinking about an ultimate way of safely storing value — gold, Bitcoin, real estate and power all came to mind. That’s when I started to realize that, in essence, the concept of a … Read More

The success of the IOST blockchain is an inseparable mixture of technological invention and community support. At the end of June we released the first version of the IOST test network, Everest 0.5. With the parameters of verifying the POB consensus mechanism, it has reached a peak of 8000 TPS in live environment testing, making Everest’s TPS 400 times faster … Read More

Rate3 has recently partnered with Bluehill, a blockchain accelerator and incubator created by IOST, which has raised $50 million to fund its investment program. Rate3 is designing a simple infrastructure for trustworthy e-commerce relationships and merchant-to-consumer payment channels, while also creating a reliable credit scoring system for traditional lenders and capital providers. Rate3 will utilize the high scalability, decentralization, and security of the … Read More